SOLD
Sold on 08 Oct 2024 for $385,000

10/83 Derrima Road
Crestwood NSW 2620

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 1809m2
Sold By
Irwin Property
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Property Details for 10/83 Derrima Rd, Crestwood

10/83 Derrima Rd, Crestwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1809m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Crestwood in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
66m2
Land Size
1809m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
10/SP39776

Last Listing description (November 2024)

This comfortable and conveniently positioned first floor unit is the perfect entry level opportunity for a first home buyer or a high yielding addition to an investment portfolio.

THE HOME

Being thoroughly updated, this charming home is ready for immediate occupation. Located in a well maintained complex, the unit enjoys a pleasant outlook and an ideal north eastern orientation.

The unit consists of a large living area with an adjoining covered balcony, which enjoys a pleasant outlook. There is also a separate dining room that sits adjacent to the updated kitchen, which offers plenty of cupboard and bench space plus a dishwasher.

There are two well sized bedrooms, the main featuring a built-in robe and a private covered balcony.

The updated bathroom features an extra large shower and a generously sized vanity unit.

Uniquely, the apartment offers its own private laundry with additional storage space. There is also an allocated single carport space.

Investors will note the strong rent potential of $400 - $430 per week.

THE LOCATION

Queanbeyan CBD is just 1.7km away and offers everything you would expect in a thriving regional town - excellent shopping facilities, caf?s, restaurants, health care providers including the Queanbeyan Hospital, sports grounds and beautiful parks. Queanbeyan West Public School is a short two-minute drive.

Being so close to the ACT border means Crestwood enjoys easy access to all that the Capital has to offer. The Parliamentary Triangle is just 10km away.

HIGHLIGHTS

First floor position facing north east
Thoroughly updated throughout
Good sized sunny living room opening onto a covered balcony
Dining room adjacent to the kitchen
Renovated kitchen with excellent bench & cupboard space plus dishwasher
Main bedroom features a built-in robe & its own covered balcony
Internal laundry with additional storage space
Allocated carport
Renovated bathroom
LG split system air conditioning
Allocated carport space
Rent appraisal: $400 - $430 per week
Council Rates: $571 per quarter
Strata Rates: $759 per quarter
Living: 70m2
All figures are approximate

For further details, please contact Jonathan Irwin by submitting an enquiry form below or calling on 0421 040 082.

Disclaimer: Irwin Property and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.

Property History for 10/83 Derrima Rd, Crestwood, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$385,000
08 Oct 2024
  • 08 Oct 2024
    Sold for $385,000
  • 12 Sep 2024
    Listed for Sale $385,000
  • 15 Jul 2022
    Sold for $360,000
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About Crestwood 2620

The size of Crestwood is approximately 2 square kilometres. It has 9 parks covering nearly 7.8% of total area. The population of Crestwood in 2011 was 4,451 people. By 2016 the population was 4,606 showing a population growth of 3.5% in the area during that time. The predominant age group in Crestwood is 30-39 years. Households in Crestwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Crestwood work in a professional occupation. In 2011, 60.2% of the homes in Crestwood were owner-occupied compared with 53.8% in 2016.

Crestwood has 2,714 properties. Over the last 5 years, Houses in Crestwood have seen a 59.35% increase in median value, while Units have seen a 51.81% increase. As at 31 October 2024:

  • The median value for Houses in Crestwood is $789,802 while the median value for Units is $382,202.
  • Houses have a median rent of $585 while Units have a median rent of $420.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Crestwood on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Crestwood.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.